CREDAI reports growth in residential & commercial real estate sectors, driven by affordable housing & reduced home loan rates, with a 60% increase in March.
Expert suggests Govt. setup institutional framework for real estate regulator to promote transparency & affordable housing.
Peninsula Land plans to raise ₹500 crore through QIP to acquire land in Mumbai, focusing on Parel, Lower Parel, Kanjurmarg, and Thane.
Office rentals in Gurgaon have skyrocketed, pushing companies to relocate to other cities like Delhi and seek furnished spaces at more affordable rates.
The ongoing recession is prompting changes in real estate, with consumers becoming cautious and developers focusing on affordable housing for middle-class buyers.
Real estate PE investments plummet to a four-year low in April-June quarter, as investors choose established markets over emerging ones in uncertain times.
New Delhi witnesses a 25% decline in retail rentals. The city ranked 69th globally in Q1 2023 due to decreased consumer spending and rising unemployment.
Provident Housing, part of the Puravankara Group, has acquired 62 acres near Bangalore for ₹150 crore to expand affordable housing projects in the region.
India's commercial real estate market is rebounding, driven by rising government revenues and an improving economy. This has led to increased investor inquiries and rental deals.
Residential real estate sees a rebound, with increased inquiries and transactions in the low to mid-end segment, driven by price corrections and low interest rates.
HDIL's first quarter results show signs of recovery in the domestic realty sector, with both volumes and prices increasing.
Lodha Developers offers Rs 710 crore for a 10.3-acre NTC mill land in Mumbai, potentially the largest real estate deal of the year.
Several major Indian real estate developers, including Emaar MGF and Godrej Properties, plan IPOs in the current year, signaling a potential recovery for the industry.
RBI's draft guidelines propose excluding entrepreneur real estate loans for business from CRE classification, potentially easing construction finance access.
Lodha Developers' bid for Finlay Mill property in Mumbai not cleared due to low offer
Exploring factors impacting the real estate market, with a focus on the mid-market residential segment's recovery and the shift towards affordable housing.
Mumbai's commercial real estate market sees revival as Lodha Developers and Indiabulls bid for Finlay Mill, and Kohinoor Mill-1 is set for auction.
The affordable housing focus is driving sales recovery in the residential sector, while commercial segments struggle amid declining margins and revenue for major developers.
Indian banks urge property developers to halt price increases to sustain market recovery. Developers' short-sighted price hikes could deter buyers and stall the fragile housing market rebound.
IREO to invest $500 million in Indian infrastructure projects, adding to its existing thirteen projects and planned IT SEZ in Pune.
The recent budget announcement has left many industries, including real estate, dissatisfied with a lack of significant changes or incentives for foreign investments. The budget's provisions are seen as inadequate to combat the ongoing recession.
Mumbai is emerging as a focal point for DLF and Unitech, as both firms work to revive halted projects along with affordable housing initiatives.
DLF's plans to buy out DE Shaw's investment in DLF Assets may face hurdles due to a FEMA rule classifying fixed-return equity investments as debt.
Foreign developers target Indian High Net Worth Individuals (HNIs) as India's economy is projected to be the world's third largest by 2050, leading to a rise in wealthy individuals.
Middle-class families struggle to find affordable housing in metro cities, often facing poor designs and compromises in quality. Design standards are needed for builders.